First Richland - Morrow Housing Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves
First Richland - Morrow Housing Inc is a 501(c)(3) organization based in Gahanna, Ohio, registered in 1992, with $244,751 in FY2024 revenue. CharityIndex grades it F.
947 E Johnstown Road Suite 253, Gahanna, OH, 43230 EIN 34-1541421 Since 1992
Revenue (FY2024)
$245K
▲ 4.1% vs prior year
Expenses (FY2024)
$237K
Net assets
-$228K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for First Richland - Morrow Housing Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For First Richland - Morrow Housing Inc: 0 mo reserves · +3% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for First Richland - Morrow Housing Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For First Richland - Morrow Housing Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $172K (FY2010) to $245K (FY2024) across 13 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $379KNet assets -$228K
Operating margin
3.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$150K
Total liabilities
$379K
Net assets
-$228K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $244,751▲4.1% | $236,754▲3.1% | -$228,377▲3.4% | $150,159▼19.2% | 990 |
| 2023 | $235,163▼1.9% | $229,557▼7.3% | -$236,374▲2.3% | $185,732▼18.3% | 990 |
| 2022 | $239,603▲6.8% | $247,613▲1.3% | -$241,980▼3.4% | $227,246▼15.4% | 990 |
| 2021 | $224,353▼4.3% | $244,536▲7.4% | -$233,970▼9.4% | $268,591▼17.6% | 990 |
| 2020 | $234,365▼11.0% | $227,722▼0.3% | -$213,787▲3.0% | $326,038▼9.3% | 990 |
| 2019 | $263,249▲12.9% | $228,303▼9.3% | -$220,430▲13.7% | $359,346▲4.7% | 990 |
| 2018 | $233,205▲0.8% | $251,779▲1.9% | -$255,376▼7.8% | $343,064▼12.5% | 990 |
| 2017 | $231,389▲4.9% | $247,202▼18.9% | -$236,802▼7.2% | $392,039▼10.4% | 990 |
| 2016 | $220,565▼22.9% | $304,965▲15.0% | -$220,989▼61.8% | $437,693▼19.8% | 990 |
| 2015 | $285,947▼14.2% | $265,184▲3.0% | -$136,589▲13.2% | $545,796▼1.8% | 990 |
| 2014 | $333,346▼1.4% | $257,511▼1.3% | -$157,352▲32.5% | $555,936▲12.6% | 990 |
| 2013 | $338,079 | $260,779▲16.4% | -$233,187▲24.9% | $493,746▲14.7% | 990 |
| 2012 | — | $224,114▲6.8% | -$310,487▲21.6% | $430,465▲3.2% | 990 |
| 2011 | — | $209,750▲2.7% | -$395,856▲5.9% | $417,136▼4.8% | 990 |
| 2010 | $172,197 | $204,291 | -$420,604 | $438,090 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is First Richland - Morrow Housing Inc a legitimate nonprofit?
- Yes. First Richland - Morrow Housing Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-1541421, based in Gahanna, Ohio. Donations are tax-deductible.
- What is First Richland - Morrow Housing Inc's EIN?
- First Richland - Morrow Housing Inc's Employer Identification Number (EIN) is 34-1541421.
- How much revenue does First Richland - Morrow Housing Inc report?
- First Richland - Morrow Housing Inc reported $244,751 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does First Richland - Morrow Housing Inc have?
- CharityIndex grades First Richland - Morrow Housing Inc F, based on financial health (reserves and operating margin).
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Data for First Richland - Morrow Housing Inc (EIN 34-1541421) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.